BBWI stock icon

Bath & Body Works
BBWI

$34.17
3.14%

Market Cap: 7.63B

 

About: Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 5% of sales from international markets in fiscal 2023. For fiscal 2023, 74% of sales stemmed from the brick-and-mortar network (which was composed of more than 1,800 retail stores), similar to 2022 levels, as consumer shopping patterns remained to normal. Future growth is expected from store reformatting, digital and international channels, as well as adjacent category expansion.

Employees: 57,157

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 59

15% more capital invested

Capital invested by funds: $9.28B [Q4 2023] → $10.6B (+$1.36B) [Q1 2024]

4% more funds holding

Funds holding: 471 [Q4 2023] → 489 (+18) [Q1 2024]

0.5% less ownership

Funds ownership: 95.14% [Q4 2023] → 94.64% (-0.5%) [Q1 2024]

15% less funds holding in top 10

Funds holding in top 10: 13 [Q4 2023] → 11 (-2) [Q1 2024]

17% less repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 190

60% less call options, than puts

Call options by funds: $77.1M | Put options by funds: $195M

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$39
14%
upside
Avg. target
$50
45%
upside
High target
$56
64%
upside

20 analyst ratings

11 positive
55%
neutral
45%
negative
0%
Wells Fargo
Ike Boruchow
17%upside
$40
Equal-Weight
Maintained
24 Jul 2024
Piper Sandler
Korinne Wolfmeyer
14%upside
$39
Neutral
Maintained
11 Jul 2024
BMO Capital
Simeon Siegel
61%upside
$55
Outperform
Maintained
5 Jun 2024
Telsey Advisory Group
Dana Telsey
55%upside
$53
Outperform
Maintained
4 Jun 2024
Telsey Advisory Group
Dana Telsey
55%upside
$53
Outperform
Maintained
29 May 2024

Financial journalist opinion